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#768187
Thu 17 Jul 2025 09:08:AM
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Joined: Feb 2001
Posts: 381,904
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,904 |
Global semiconductor giant Intel is implementing a significant restructuring plan, resulting in over 5,000 layoffs across US locations including California, Oregon, Arizona and Texas. The job cuts, impacting engineers, senior leaders, and back-office staff, aim to streamline operations and address financial losses. This follows 15,000 job cuts earlier in 2024, bringing the total to over 20,000. Source: Intel layoffs announced in July cross 5,000, numbers increase by 4 times in ...
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